8/2/2019 Services 432

1/22

>> Services >> Oriental Bank Mediclaim

Oriental Bank Mediclaim

ORIENTAL BANK MEDICLAIM POLICY

Oriental Bank of Commerce signed an agreement with The Oriental

Insurance Company Ltd. to launch "ORIENTAL BANKMEDICLAIM" Policy on 3rd Oct. 2011. The Product is designedexclusively for the A/c Holders of OBC and is available in all OBCBranches across the country.

SALIENT FETURES:

A family floater scheme covering 4 family members (Proposer +Spouse + 2 dependent Children aged 3 months to 26 years).

Age group covered - 3 months to 79 years. No Pre - medical examination required, only declaration. Cash less facility available at network hospitals. Cover available for Minimum Sum Insured of Rs.1 Lac, up to Rs.

5 Lac, in multiple of Rs.1.00 Lac. The Premium Structure(Inclusive of Service Tax) is as under:

Sum-InsuredPremium(Including

S. Tax)

Rs1 Lac Rs 1749Rs 2 Lac Rs 3320

Rs 3 Lac Rs 4620

Rs 4 Lac Rs 5780

Rs 5 Lac Rs 6830

Pre - Existing diseases are covered after 3rd completed yearswithout break.

Income Tax benefit under 80D of the IT act.

For more details please visit our nearby Branch orClick Here

Mandatory Disclosure for distribution of insurance Products, as per RBI'sDirectives.

Insurance is a subject matter of solicitation and the Policy is

https://www.obcindia.co.in/obcnew/upload/PROSPECTUS_%28Annexure_2%29_%20with_form_25_10_2011.pdfhttps://www.obcindia.co.in/obcnew/upload/PROSPECTUS_%28Annexure_2%29_%20with_form_25_10_2011.pdfhttps://www.obcindia.co.in/obcnew/upload/PROSPECTUS_%28Annexure_2%29_%20with_form_25_10_2011.pdf

8/2/2019 Services 432

2/22

issued, based on contract between the Insured and Insurer

Participation by customers is on voluntary basis. The contract will be between Insured & Insurer and not between

Insured & the Bank

2 -

Services >> Financial Inclusion

Financial Inclusion

Type of banking services offered:

1. A pure saving product with inbuilt overdraft facility.2. A Recurring Deposit product.3. A Remittance product4. Entrepreneurship credit in the form of Oriental Green Card, General Credit Card &

Oriental Grameen Swarozgar Card.

3

Services >> Premium Services >> >> R.T.G.S.

R.T.G.S.

FAQs on RTGS

Real Time Gross Settlement System (RTGS), is a modern, robust,integrated payment and settlement system. RTGS is a system wherebythe Banks and Financial Institutions maintaining accounts with RBIcan transfer funds to one another on an immediate, final andirrevocable basis during business hours.

The Facility can be used for Fund Transfer to other Bank on behalf ofthe customers. This is R41 transaction and funds are transferred bydebiting customers account to the destination account of other

participating bank directly without any manual intervention. For thispurpose correct destination account number and IFSC code of thedestination bank / branch is required from the customer availing thisfacility.

https://www.obcindia.co.in/obcnew/site/faq.aspx?id=3https://www.obcindia.co.in/obcnew/site/faq.aspx?id=3https://www.obcindia.co.in/obcnew/site/faq.aspx?id=3

8/2/2019 Services 432

3/22

Eligibility Criteria For Customer Transactions

Fund Transfer through RTGS can be availed by the customerswho maintain their operative accounts viz., Savings Bank,Current Account. This facility can also be allowed to CC / OD

account etc., subject to ensuring end use of funds. Outward / Inward remittance facility under RTGS is offered to

the customers of all our branches. This facility is not extended to Non - Customers. This facility is not available to customers against cash

payment.

Benefits of the System for the Customer

Pan Indian reach of all banks. Faster fund transfers. Operational convenience. Cost effectiveness.

Minimum Transaction Amount for Fund Transfer is Rs.2.00 lac.

There is no Maximum limit for transaction amount.

Customers have to submit a request by filling up a form available inall CBS Branches along with the cheques/Debit instruction to thebranch. The customer has to inform the beneficiaries account number,Name and IFSC code the Bank/ Branch where the funds are to beremitted.

IFSC (Indian Financial System Code) is an eleven digit code given toeach branch of all banks which are participating in RTGS. The list ofthe branches participating in RTGS is also available in RBIs website

www.rbi.org.in

Customer Transaction : Operating Session at BranchesMonday to Friday9.00 hrs. to 16.30 hrs.Saturday9.00 hrs. to 13.30 hrs.

CHARGESThe details of the charges to be levied are as under:

Type of

TransactionCharges

http://www.rbi.org.in/http://www.rbi.org.in/http://www.rbi.org.in/

8/2/2019 Services 432

4/22

Inward Remittance Not Prescribed.

Outward

Remittance

Rs.1 lakh to Rs.2 lakhs - N/A above Rs.2 lakhs to Rs.5 lakhs. Rs.25

(Plus Service Tax) per transaction.

Above Rs.5 lakhs Rs. 50 (Plus servicetax) Rs.50 per transaction.

Customer Service Help Desk for RTGSA dedicated Help Desk for handling RTGS related issues has been setup by the bank at the following address.

4

Services >> Premium Services >> >> N.E.F.T.

N.E.F.T.

NATIONAL ELECTRONIC FUNDS TRANSFER(NEFT)

IntroductionReserve Bank of India has introduced a system called The Reserve Bank of India NationalElectronic Funds Transfer System which may be referred to as NEFT System, for participatingbanks and institutions with the required system of computer and communication networkthrough which funds transfer operation would take place. Our bank is one of the participants inthe above system. Presently, our all the Service Outlets are enabled to offer NEFT facilities totheir customers.

ObjectsThe objects of the NEFT System are:

To establish an Electronic Funds Transfer System to facilitate an efficient, Secure,economical, reliable and expeditious system of funds transfer and Clearing in thebanking sector throughout India, and

To relieve the stress on the existing paper based funds transfer and clearing system.

Eligibility Criteria For Customer Transactions Fund Transfer through NEFT can be availed by the customers who maintain their

operative accounts viz., Savings Bank, Current Account. This facility can also beallowed to CC / OD account etc., subject to ensuring end use of funds.

Outward / Inward remittance facility under NEFT is offered to the customers of all ourCBS branches.

This facility is extended to Walk -in Customers.

8/2/2019 Services 432

5/22

This facility is available to Walk- in customers against cash payment upto Rs.50,000/-

Procedure for availing the facility1. Customers have to submit a request by filling up a form available in all CBS Branches

along with the cheques/Debit instruction to the branch.2. The customer has to inform the beneficiaries account number, Name and IFSC code the

Bank/ Branch where the funds are to be remitted.3. NEFT transactions may be made for amounts inclusive of paisa component.4. There is no upper value limit for putting through an individual NEFT transaction.5. IFSC (Indian Financial System Code) is an eleven digit code given to each branch of all

banks which are participating in RTGS.6. The list of the branches participating in NEFT is also available in RBI's website

www.rbi.org.in

Batch TimingsEleven hourly settlements are carried out during the day by RBI, starting from 9 am to 7 pm onall week days and five hourly settlements from 9 am to 1 pm on Saturdays.

The messages sent before the above batch timings shall be included in the respective settlementsotherwise they shall be included in the next batch/day.

ChargesNo Charges Prescribed for Inward NEFT.

For Outward Transactions-

Up to Rs.1 lakh Rs.5 (Plus Service Tax) per transaction.

Above Rs.1 lakh to Rs.2 lakhs Rs.15 (Plus Service Tax)per transaction.

Above Rs.2 lakhs Rs.25 (Plus Service tax)per transaction

6

Services >> Premium Services >> >> Online Tax PaymentOnline Tax Payment

The On-line tax accounting system (OLTAS) for collection, accounting and reporting of directtaxes (List of Direct Taxes) is operational w.e.f 01.06.2004 in 144 authorized branches all overIndia.

For every tax payment made by the taxpayer there should be a challan in the prescribed format.

http://www.rbi.org.in/home.aspxhttp://www.rbi.org.in/home.aspxhttp://www.rbi.org.in/home.aspx

8/2/2019 Services 432

6/22

The challan format is a single copy challan with the main challan at the top and the taxpayer'scounterfoil at the bottom of the challan. A taxpayer can deposit tax by:

1. Cash or2. Cheque on same branch or3. Cheque / draft drawn on the same bank or another bank / branch at the same center wherethe payment is made or4. Payment by outstation cheques / drafts can also be made at any authorized bank.

Every challan will have a unique identification number called Challan Identification Number(CIN). This consists of BSR code (Bank branch code), Challan Tender Date (cash / chequedeposit date) and Challan Serial Number. With the help of CIN, every payment will be uniquelyidentified enabling online transmission of details of tax payments by banks to the Income Taxdepartment.

Tax Information Network (TIN), being established by National Securities Depository Limited(NSDL), provides a facility to the tax payers to inquire about the status of their challans overinternet. Tax payers have to log on through http://tin.nsdl.comto view whether the challan forthe tax payments is received by TIN. 'Your tax Data is transmitted on the same day by online taxcollecting system, Remember to quote PAN / TAN on Challans which is now mandatory'

List of Direct Tax

0020 - Corporation Tax 0021 - Non corporation tax

0024 - Interest tax 0026 - Fringe benefit tax 0028 - Other tax on income and expenditure 0031 - Estate Duty 0032 - Wealth Tax 0033 - Gift Tax 0034 - security Transaction Tax 0036 - Banking Transaction Tax

List of Centers with Authorized tax collecting branches

State / Centre Branches

TAMIL NADUChennaiCoimbatore

*Annanagar *Esplanade *Moulivakkam *Mount Road*Oppanakara Street

http://tin.nsdl.com/http://tin.nsdl.com/http://tin.nsdl.com/

8/2/2019 Services 432

7/22

WEST BENGALKolkata

PUNJAB

PatialaMohaliAmritsar

MogaJagraonKhannaLudhianaDasuyaGarhshankarHoshiarpur

MukerianTandaJalandhar

NakodarPhillaurKapurthalaPhagwaraMalerkotlaBangaNawanshahr

CHANDIGARH (U.T.)Chandigarh

RAJASTHAN

AjmerJaipur

UTTAR PRADESHAgraGhaziabad

NOIDAMeerut CanttLucknow

GUJARATAhmedabadBaroda

*Brabourne Road *Burra Bazar *Lord Sinha Road*Park Street*Princep Street *Rash Behari Avenue,*Strand Road

* A-Tank *New Anaj Mandi *The Mall*Phase 1*Basant Avenue *Civil Lines *Hall Bazar *Jail Road*KatraAhluwalia *Putlighar

*G.T. Road*Tehsil Road*G.T. Road*Chaura Bazar *Industrial Area *Rahon Road*Talab Road*G.T. Road

*Gaushala Bazar *Jalandhar Road *Roshan Road*Gurdawara Road* Near Police Station*Bhagat Singh Chowk *Garh Road *G.T. Road *Industrial Area*Nakodar Road *New Railway Road

*Near Bus Stand*Dana Mandi*The Mall*G.T. Road *Guru Hargobindnagar*Jarg Chowk

*Mukandpur Road*Near Bus Stand

*Sector 17-B *Sector 19-D *Sector 26 *Sector 34-A

*Station Road*Adarsh Nagar *Ajmer Road *M.I. Road *J.L.N. Marg*JohriBazar

*Loha Mandi*G.T. Road *Lohia Nagar *Nasirpur *Razapur * Wrightganj*Sector 20 *Sector 27 *BhangelSadar Bazar*Gomti Nagar *Hazratganj *R.S.M. Nagar *Alambagh*Aliganj *Chowk *Aminabad

8/2/2019 Services 432

8/22

BhavnagarRajkotSurat

ANDHRA PRADESH

HyderabadSecunderabadVijayawada

KARNATAKABangalore

MAHARASHTRAPuneThaneMumbai

DELHI / NEW DELHIDelhi /N.Delhi

*Ashram Road *Drive-in-Road *Relief Road* Stock Exchange (Sayaji gunj)*Taloja Road*Nirmala Convent School Road

*Ring Road

*Ameerpet *Nampally Station Road *Autonagar*Sarojini Devi Road*Governorpet

*Richmond Road

*Synagogue Street *Aundh *Wanwadi*Lal Bahadur Shastri Marg *Mira Road *Pokhran*Fort, Sir P.M. Road *Goregaon (East) *Kalbadevi * Kandivili(East) Lokhanwala Township *Kandivili (West) * LamingtonRoad *Malad *Mulund *Mandvi *Napeansea Road *NarimanPoint(Overseas Br.) *Powai *Santa Cruz (West) *Versova *Dadar

*E-Block, Conn. Place *Industrial Finance, H-Block,Conn. Place*Nehru Place *Greater Kailash Part I *Greater Kailash Part II(Overseas branch) *Safdarjung Enclave*South Extension -Part I*New Friends Colony *Basant Lok *Sant Nagar - East of Kailash

*Hauz Khas *Munirka *Mahipalpur *Panchsheel Park *Saket*Tughlakabad Institutional Area, (Batra Hospital) *Vasant Kunj*Defence Colony *Paschim Vihar *Kingsway Camp *Naraina*LU-Block, Pitampura *Laxmi Nagar *Mansarovar Garden*Chawri Bazar *Gandhi Nagar *Janakpuri *Prashant Vihar,Sec.14, Rohini *Subzi Mandi *G.T. Road, Shahdara *VasundharaEnclave *Vishal Enclave

8

Services >> Other Services >> >> Foreign Remittances

Foreign Remittances

OBC is proud of its association with NRIs and takes special pride inserving them through various tailor-made products designed to suit allrequirements of NRIs.

8/2/2019 Services 432

9/22

All the service outlets of OBC are fully computerized with 100% CBSbranches connected through Centralized Banking Solution, InternetBanking and Phone Banking. So the customer of an OBC Branch is aCUSTOMER OF ALL CBS BRANCHES since we are offering AnyBranch Banking (ABB) & Multi city Cheque Book facility to CBS

Customers. Proton Visa Debit Card holders of the Bank have access toMITR and NFS ATMs for host of services like cash deposit /withdrawal, Mobile Top up, Mini Statement, balance enquiries etc. andto effect card payment for shopping in India and abroad through over28 million Point of Sale (POS) locations.We are herein below sharing the bouquet of Foreign Exchange relatedand Banking facilities available to our esteemed NRIs with OBC; alongwith extant Investment and other Govt./RBI guidelines.

Facilities being provided to NRIs

1.Remittances to India With a view to facilitating efficient flow ofinward remittances, OBC has set up correspondent bankingrelationships with almost all the major International Banks across theglobe. OBC opens foreign currency accounts in which NRIs cansend remittances to India in any major currency such as PoundSterling, US Dollar, Euro, Japanese Yen, Canadian Dollar,Australian Dollars, Singapore Dollar, Swiss Franc, Hong KongDollar etc. through SWIFT/ telegraphic transfers/ demand draftsfrom any corner of the World. OBC has also entered into anarrangement with Western Union for remittances up to USD 2500 orits equivalent and has also made arrangements for transfer of money

from middle east countries through three Exchange Houses.

2.Deposit AccountsNRIs are welcome to open their following type of deposit accountsby downloading the Account Opening Forms, current rates of interestoffered on different types of accounts and other information from ourwebsite'www.obcindia.co.in'

2.a) Foreign Currency (Non Resident) Account (Bank) Scheme

Under this FCNR (B) scheme, NRIs have a choice to open Term

Deposit accounts in Pound Sterling, US Dollars, Canadian Dollars,Australian Dollars, Euro and Japanese Yen with minimum maturityof one year and maximum of five years. Interest income and balancesin these accounts are free from all Indian taxes. The funds can berepatriated without permission from Reserve Bank of India.

2.b) Non Resident External (Rupee) Accounts

https://www.obcindia.co.in/https://www.obcindia.co.in/https://www.obcindia.co.in/https://www.obcindia.co.in/

8/2/2019 Services 432

10/22

Under this NRE deposit segment, all types of accounts viz. Current,Savings, Fixed, Cumulative and Recurring Deposits can be opened inIndian Rupees by NRIs by converting their foreign currency fundsinto Indian rupees. Funds lying in these accounts as well as interestearned thereon are free from all Indian taxes. Funds are fully

repatriable without any permission from Reserve Bank of India.Funds lying in these accounts can also be invested on repatriable andnon-repatriable basis as outlined in the succeeding paragraph 3 (a)and (b) below.

2.c) Non-Resident Ordinary Rupee AccountsThese NRO accounts can be opened in Indian rupees in the form ofCurrent, Savings, Fixed, Cumulative and Recurring Deposits byconverting existing domestic deposit accounts into NRO or eventhrough foreign remittance sent by NRIs. The funds from NROaccounts can be freely used for making all rupee payments,

investments, purchase of immovable properties etc. in India.

Procedure for opening Non Resident Accounts

The following documents are required for opening Non ResidentAccounts as mentioned in paras 2.a) to 2.c).:

Identify/Address proof viz. Passport/International driving licence orattestation of Account Opening Form by their banker outside India orby an Official of Indian Embassy or Consulate under their seal andsignatures. Two Passport size photographs of the proposed accountholder. Specimen signatures.

1.SPECIAL FACILITIES

1.a) Hedging facility

Hedging facility is also available on the funds lying in the ForeignCurrency (Non Resident) Account (Bank) Scheme and Non ResidentExternal (Rupee) Accounts as well as interest earned thereon.

1.b) Provision of remittance under NRO account

According to the existing FEMA guidelines, NRIs can remit upto

USD 1 million or its currency equivalent, every financial year out ofthe funds held in NRO accounts. This includes sale proceeds ofimmovable property. In case of residential properties, sale proceedsof two such properties can be remitted within the above mentionedamount without any reference to Reserve Bank of India.

2.Loan Schemes for NRIs

8/2/2019 Services 432

11/22

2.a)Loan against Bank DepositsNRIs can avail loan against their NRO, NRE and FCNR(B) TermDeposits for personal purposes or for carrying out their businessactivities, for making direct investment in India or acquisition offlat/houses in India for their own residential use. Loans are also

available to resident individuals/firms/companies against the TermDeposits held by Non-Residents for any type of fund based and/ornon-fund based activities subject to compliance of certain guidelinesissued by Reserve Bank of India.Non Resident Indians may also availloans outside India against their NRE/FCNR(B) deposits held with usfor themselves or third parties for bonafide purposes through ourcorrespondent banks abroad.

Note : Loans to Non Residents/ Third Party, against security of

Non Resident (External) Rupee Accounts (NR(E)RA)/ Foreign

Currency Non Resident FCNR(B) deposits.

Reserve Bank of India has issued amended guidelines vide itscircular RBI/2006-07/244 A.P. (DIR Series) No.-29 dated 31.01.07under the subject scheme:Effective 31.01.07, the maximum amount of loan that can be grantedto NRI's against their own deposits held under Non Resident(External) Rupee Accounts and Foreign Currency Non Residentdeposits FCNR (B) Accounts and to third parties against thesedeposits, shall not exceed Rs.100 lac. Further, artificial slicing of theloan amount to circumvent the ceiling of Rs.100 lacs is notpermitted.

2.b) Loan against immovable propertiesNRIs may avail housing loan for purchase of any number ofresidential/ commercial properties. NRIs / persons of Indian originhaving citizenship of Bangladesh, Pakistan, Sri Lanka, Afghanistan,China, Iran, Nepal and Bhutan require prior permission from ReserveBank of India for acquiring immovable property/ies in India. Theloan amount can be used for NRIs' personal/business requirements inIndia only. Repayment of the loan is to be made either out of freshremittances from abroad or by debit to NRO/NRE/FCNR(B)account/NRI or out of the sale proceeds of the immovable

property/ies.

2.c) Loan against securities of shares/convertible debentures.

NRIs may avail any type of fund based/non fund based facilityagainst the security of shares/convertible debentures for theirpersonal requirement or for business purposes.4.d) Housing Loan inRupees

8/2/2019 Services 432

12/22

NRIs can also avail rupee loan in India for purchasing a residentialproperty in India from a bank or a house financing institution. 4.e)Rupee loan to NRIs/PIO employees.

NRI/PIO employees of a body corporate registered/incorporated in

India may also avail rupee loan for their personal purposes includingthe purchase of residential property in India provided such loans arerepaid by fresh remittance from outside India or by debitingNRO/NRE/FCNR(B) account of the borrower.

3.Extant Investment Guidelines in IndiaNRIs can make investments in India under the following Schemes:-

3.a)On 100% repatriable basisInvestment in Government securities, Treasury bills, units of mutualfunds, bonds and shares issued by Public Sector Undertakings

Portfolio investment in shares purchased and sold through stockexchanges. Sale proceeds are freely repatriable abroad withoutpermission from Reserve Bank of India after payment of applicabletaxes in India provided the investments are made by remittances inforeign currencies or by debiting NRE/FCNR(B) account of the NRI.

3.b)On non-repatriable basisInvestment in capital of a firm or proprietary concerns without anyceiling. Investment in Government securities, treasury bills, units ofmutual funds, National Plan/Saving Certificates. Investment in sharesand convertible debentures through private placement provided the

Indian company is not engaged in agricultural/ plantation activities orreal estate business or construction of farm houses or dealing inTransfer of Development Rights or dealing in Print Media. PortfolioInvestment in shares and convertible debentures through brokers onstock exchanges subject to fulfillment of certain conditions. Saleproceeds of above mentioned securities are allowed to be repatriatedoutside India after payment of applicable taxes in India and afterobtaining permission from Reserve Bank of India.

3.c)Investment in Immovable propertyNo permission required to purchase a residential/commercial

property. There is no restriction on the number ofresidential/commercial properties that a NRI can purchase. Noreturn/form is required to be submitted to Reserve Bank of India afterpurchase of property. Purchase of agricultural/plantationproperty/farm houses is not allowed. Residential/commercialproperty can also be acquired by way of inheritance or gift from aresident in India. The purchase consideration for acquiring propertiesshould be by way of fresh remittances in foreign exchange or by

8/2/2019 Services 432

13/22

debit to NRE/FCNR (B) account of the Non-Resident. Theproperties, so acquired, can be sold to a person resident in India only.Such properties can be sold to another Non-Resident Indian or aperson of Indian origin after obtaining RBI permission. There is norestriction on the number of sale of commercial properties. In case of

residential property, sale proceeds can be remitted outside India inrespect of two properties only within the overall limit of USD 1million or its equivalent after payment of applicable Indian taxes.There is no lock-in-period either for sale of immovable property orfor remittance of proceeds thereof abroad. The sale amount, sorepatriable, should not exceed the foreign exchange brought intoIndia for purchase of properties or the amount debited toNRE/FCNR(B) account.

4.PIO Card Scheme

4.a)Persons of Indian origin other than citizen of Bangladesh orPakistan may avail of the facility of acquiring a PIO Card if :-At any time, he/she held an Indian passport; or He/she or either ofhis/her parents or grand parents or great grand parents was borne inIndia and permanently resident in India as defined in the Governmentof India Act, 1935 and other territories that became part of Indiathereafter provided neither was at any time a citizen of any country asmay be specified by Central Government from time to time; or Whois a spouse of a citizen of India or a Person of Indian Origin asmentioned above.

The scheme is broad-based, covers upto four generations and also theforeign spouse of a citizen of India or A PIO.

4.b)A PIO card holder is at par with NRIs in respect of all facilitiesin economic, financial fields and for getting admission to educationalinstitutions in India including medical colleges, engineering colleges,Institute of Technology, Institute of Management etc.

It shall be our proud privilege and pleasure to be of service to youand your friends in India and abroad. You may click on our websitewww.obcindia.co.infor other details pertaining to Oriental Bank of

Commerce and scan through a wide range of products and host ofservices offered by us to our esteemed customers. For any queriesyou may use the e-mail ids :

9

Services >> Other Services >> >> DMAT Account

https://www.obcindia.co.in/site/index.aspxhttps://www.obcindia.co.in/site/index.aspxhttps://www.obcindia.co.in/site/index.aspx

8/2/2019 Services 432

14/22

DMAT Account

1. DEPOSITORY SERVICES

2. WHY OBC?

3. SPECIAL SERVICES

4. RATE STRUCTURE FOR NSDL/CDSL

5. LIST OF BRANCHES

6. PAN UPDATION

7. SERVICE REQUEST FORMS

1. DEPOSITORY SERVICES

Convert your shares, bonds and other securities to dematerialised form with OBC Demat

Account and avail

the following services.

Dematerialisation Rematerialisation Settlement of trades Inter-Depository Transfers Pledge / hypothecation Receipt of allotment in the electronic form in public offerings of companies Receipt of non-cash corporate benefits such as bonus, rights in electronic form Transmission of securities Freezing of demat accounts, so that the debits from the account are not permitted Bank Account Details Demat of warehouse receipts and other Internet-based services like Speed-e & IdeAs (NSDL), Easy-Easiest (CDSL)

2. Why OBC

DP of both NSDL & CDSL

8/2/2019 Services 432

15/22

Branches all over the Country- NSDL - 288: CDSL -11 Moderate fees Demat access through Internet Online execution of transactions at branches Concessional rates for senior citizens, Salary account holders, Smart save gold account

holders Special rates for stock market intermediaries / sub brokers Regular transactions update from back-office SPEEDe, IdeAS (NSDL) & Easy, Easiest (CDSL)

3. Special Services

NSDL PROVIDES -

SPEED-e for submitting delivery instructions directly on the Internet through SPEED-ewebsitehttps://speed-e.nsdl.com.

IDeAS (Internet-based Demat Account Statement) for viewing balances and transactions

in account updated on an online basis with a delay of maximum 30 minutes.

STEADY (Securities Trading - information Easy Access and Delivery) for brokers todeliver contract notes to custodians and/or fund managers electronically.

MOBILE ALERTS:

SMS alert for debits/credit in demat accounts registered for SMS facility. This service isoffered free of cost.

CDSL PROVIDES-

a. easi provides facility of viewing/ downloading / printing of statement of holding with

valuation, details of transactions, status of delivery instruction in demat account.

b. easiest - You can transfer securities from your demat account through Internet. By

registering to easiest you can also avail of all the facilities offered through easi'.

4. Rate structure for NSDL/CDSL Depository Services

(I). Rate structure for NSDL

SCHEDULE - A

Tariff for NSDL Depository Services w.e.f 01/04/2012

Service Individual Pool A/ c CM

https://speed-e.nsdl.com/t_parenthttps://speed-e.nsdl.com/t_parenthttps://speed-e.nsdl.com/t_parenthttps://speed-e.nsdl.com/t_parent

8/2/2019 Services 432

16/22

& Others Beneficiary/SubBroker

1 ACCOUNTOPENING

NIL NIL NIL

2 ACCOUNT MAINTENANCE

CHARGES

Clients maintaining SB/CA A/c

Clients not maintaining SB / CA a/cwith OBC***

Online trading/Speede Annual

Online trading/Speede One-time

Rs 300/-

Rs 750/-

Rs 300/-

Rs 1500/-

Rs 300/-

Rs. 750/-

NA

NA

Rs 300/-

Rs. 750/-

NA

NA

3 ACCOUNT CLOSING NIL NIL NIL

4 DEMATERIALISATION Rs. 50/-plus

Rs5/-PerCertificate

NIL Rs. 50/- plusRs5/-PerCertificate

5 REMATERIALISATION Rs.25/-PerRequest@

N.A Rs.25/- PerRequest @

6 TRANSFER FEES

Per Debit Transaction

Online trading/Speede Annual

Online trading/Speede One-time

0.02% ofvalueMinimumof Rs 23/-MaximumRs 5000/-

Rs 15/-per ISIN

Rs 12/-

per ISIN

0.01% of valueMinimum of Rs. 10/-

Rs13/-

7 PLEDGE

( Charged to Pledgor per

8/2/2019 Services 432

17/22

transaction )

Creation

Closure

Invocation

Rs. 50/-

Rs. 25/-

Rs. 25/-

N.A

N.A

N.A

Rs. 50/-

Rs. 25/-

Rs. 25/

8 INTER SETTLEMENT

Per Debit transaction N.A 0.01%+NSDLCharges(perISIN)

NA

9 PAY IN N.A. NIL NIL

10 PAY OUT/Penalty charges NIL NSDL Charges NIL

11 CM POOL TO CM POOL

Per Debit transaction N.A 0.01%+NSDLCharges(perISIN)

NA

12 LATE FEE NIL NIL NIL

13 ACCOUNT STATEMENTS

Monthly

Ad-hoc (per statement)

NIL

Rs. 50/-

NIL

NIL

NIL

NIL

14 CUSTODIAL FEES Nil NIL NIL

15 FAILED TRANSACTION -Pertransaction

Rs. 10 /- Rs. 10 /- Rs. 10 /-

16 LENDING/BORROWING

Per Transaction

Rs. 50/- -borrower

Rs. 25/- -lender

Rs. 50/-.-borrowerN.A.

Rs. 50/- -borrower

Rs. 25/- -lender

*AMC will be levied on pro-rata for the first year of opening the account. Annual AMCshall be levied up-front during April on all accounts outstanding as at the end of Marchevery year.

***Adavance fees of Rs 5000/- to be deposited upfront which will be adjusted against thefuture dues. In case the balance falls below Rs 2000/- it shall be the responsibility of Client

to replenish the upfront amount so as to continue the service

*NSDL Charges for Pay-out and penalty charges levied by SEBI for securities lying inpool A/c beyond stipulated period, will be charged on actual basis.

*All the reference prices will be based on NSE price(NSDL formula) and all charges

8/2/2019 Services 432

18/22

payable monthly.

@Remateralisation Fee -Rs 25 per certificate or Rs 25 for every hundred securities or partthereof, whichever is higher

*Sub-brokers/CM-Beneficiary clients will be charged at the Flat rate of Rs 300/- permonth to the account.

*Charges for listed demat services shall be raised at monthly intervals. Demat services notlisted above will be charged separately as per Bank's policy.

*O B C reserves right to revise the rate structure from time to time giving 30 days notice.

*Service Tax as applicable would be levied.

Tariff for CDSL Depository Services having only Depository relationship w.e.f.

01/04/2012

Services CM Beneficiary /Sub Brokers ( RulesApply )

Individual &Others

1 Account Opening Nil Nil

2 Dematerialisation ( PerRequest)

Rs. 50/- plus Rs.5/-Per Certificate

Rs. 50/- plusRs.5/- PerCertificate

3 Rematerialisation /Repurchase

Rs.25/- per request @ Rs.25/- per request@

4 Transactions

Per Debit Transactions Rs.13/- 0.02 % of valueMin Rs 23 /- Max

Rs 5000/-

5 Off - market / Inter Depository

Per Debit Transactions Rs.13/- 0.02 % of valueMin Rs 23 /- Max

Rs 5000/-

6 Pledge / Unpledge / InvocationPledgor Rs . 50 / - Rs . 50 / -

7 Debt Market ( Debit ) 0.02% Min Rs 23/-

Max Rs 200/

0.02% Min Rs23/-

Max Rs200/-

8/2/2019 Services 432

19/22

8 Commercial Paper (Debit )

Rs. 100 /- Rs. 100 /-

9 Custodial charges Nil Nil

10 Account Closure Nil Nil

11 Failed Transaction Rs.10/- Rs.10/-

12 Account MaintenanceCharges *

AMC (per annum)Upfront $

Clients maintainingSB/CA A/c

Clients not maintainingSB/CA A/c***

Rs.750/-

Rs 750/-

Rs. 300/-

Rs 750/-

* For Corporate accounts an additional AMC of 500 /- payable to CDSL will be charged.

$ Account Maintenance Charges will be levied on pro-rata for the first year of opening theaccount. Annual AMC shall be levied up-front during April on all accounts outstanding asat the end of March every year. AMC shall not be refunded on pro-rata basis if thesecurities account is closed during the financial year.

***Adavance fees of Rs 5000/- to be deposited upfront which will be adjusted against thefuture dues. In case the balance falls below Rs 2000/- it shall be the responsibility of Clientto replenish the upfront amount so as to continue the service

@Remateralisation Fee -Rs 25 per certificate or Rs 25 for every hundred securities or partthereof, whichever is higher

Clients having a banking relationship with us to provide Standing Instruction letter fordebiting the charges.

O B C reserves the right to change the rates from time to time by giving 30 days notice.

All reference Prices will be based on BSE Price ( CDSL Formula ) and all charges arepayable monthly.

8/2/2019 Services 432

20/22

5.PAN UPDATION FOR DEMAT ACCOUNTS

As per guidelines issued by Depository NSDL & CDSL, Demat Accounts of thoseinvestors who have not provided their PAN cards copies have been frozen (Suspended forDebit) on 1st January, 2007. These accounts will be frozen (Suspended for Credit) as

well with effect from 16th August 2010. Such suspended Depository Accounts would beactivated on submission of valid PAN cards from all account holders and after verificationof the same against Income Tax website and Originals. The clients are requested to submitthe duly signed copies of the PAN cards to the respective branches for PAN updation inorder to unfreeze the accounts. Taking into consideration time for centralized back officeprocessing & subsequent verification, updation of PAN details as well as activation of theaccount may take upto seven days depending upon the requests received at Main DP.

10

Services >> Other Services >> >> Cash Management ServicesCash Management Services

CASH MANAGEMENT SERVICES FOR CORPORATES

Cash Management is logistics of moving money. Trade transaction result in movement ofmoney across locations & across parties. It serves as the means to keep an organizationfunctioning by making the best use of cash or liquid resources of the organization. We providetime & place value for money through CMS.

Cash Management is about managing:

Movement of money. Movement of paper/instructions/cheques. Information on movement of paper/money. To Reduce:- Excess funds requirements, overdrafts, borrowings. Wastage of idle float funds. Unevenness in information, process & clearing bottlenecks.

CMS Services offered by ORIENTAL BANK OF COMMERCE

More than 300 cities covering all major Metros and A class cities through our own Branches.

CORRESPONDENT BANK

Over 500 centers covering all other major location in India

8/2/2019 Services 432

21/22

REMOTE CENTERS

Covering Rest of India

PRODUCTS OFFERED COLLECTION SERVICES

Local Cheques. Outstation Cheques.

PAYMENT SERVICES

Dividend/Interest /Refund (DW/IW/RO)LIQUIDITY MANAGEMENT

Ensure requisite balances in multiple accounts with our Bank.

Features of Collection Products

Collection of cheques/DD's/Pay orders through high value or MICR/Non MICR Clearing

Through OBC Branch Centers. Correspondent Bank Centers. Other Centers. Cheque pick up facility at Customer and its client's premises at select locations. Credit to Customer's Principal Account on realization On pre-determined day (as mutually agreed upon) Delivery of unpaid cheques as per your convenience Periodical MIS giving details of: Instruments sent for collection Instruments returned / unpaid Charges debited, etc.

Benefits to the customers

Efficient management of receivables.

Improves your asset turnover. Converting receivables into earning assets. Pooling of funds at a centralized location. Surety of credit on specified date. Reduced working capital requirement. Interest savings. Reduced efforts for account reconciliation. Customized MIS.

8/2/2019 Services 432

22/22

Online Information giving status of Instruments.PAYMENT SERVICES

Payment of Dividend interim or final at par to shareholders Payment of interest on Debentures, Fixed Deposits or other deposits at par to depositors Payment by of refund orders in respect of excess subscription etc Payment of Salary, Incentive, Bonus etc. to customer's staff Payment to vendors , sub contractors etc. Printing and dispatch of

o Dividend warrants.o Interest warrants.

Providing necessary periodical MIS supports.Benefits to the customers

Convenience of fund disbursement. Funds to be provided just a few days before disbursement. Cheque payable at par facility. Cost savings. Optimizes human resource. Online information regarding Instrument status. No headaches